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If you’re looking to stock up on AAdvantage miles, now’s a good time to do so. American Airlines just launched a new buy miles promotion, giving AAdvantage members the opportunity to score up to 100,000 bonus miles now through Apr. 30. When maximized, you can buy miles as low as 1.92 cents each.

Or, if you have a small business, you can apply for the CitiBusiness / AAdvantage Platinum Select World Mastercard to get up to 60,000 AAdvantage miles — 50,000 AA miles after making $3,000 in purchases in first three months and another 10,000 AA miles after making a total of $10,000 in purchases in first 12 months of account opening.

Details of This Promotion

The regular price for buying miles from American is 3.17 cents per mile ($29.50 per 1,000 miles, plus a 7.5% federal excise tax). With this promotion, your price will drop to 1.92 cents per mile if you max out the offer.

While 1.92 is better than the most-recent offer of 2.25 cents per mile, this isn’t the best offer that AA has offered this year. It started the year with a promotion carried over from 2018 letting members buy miles for 1.77 cents each. It’s unknown when we will see a similar bonus, so it’s worth taking advantage of this promotion now if you have a good use for the miles. But this promotion isn’t a great one for stocking up on a large amount of miles.

That said, one sweet spot of this offer is the ability to snag smaller amounts of miles for a reasonable price. The price for buying miles drops to 2.11 cents each when buying 62,000 miles (after bonus) for $1,306. That can be a nice purchase if you need to top off an account for an awesome redemption — like Qatar Qsuites to South Africa for just 75,000 AA miles each way.

You’ll get the maximum 100,000 bonus miles — netting the 1.92 cents per mile purchase rate — when you purchase 150,000 miles. Since the bonuses are flat amounts awarded at set purchases, here are the tiered sweet spots of this promotion’s bonus chart:

Which Credit Card to Use

American Airlines processes mileage transfers and purchases directly — instead of processing purchases through Points.com — so this spending will code as an airfare purchase. That means you’ll earn bonus points if you use a card with a travel or airfare category bonus.

This is The Points Guy’s permanent page about American Airlines’ “buy miles” promotions, so you can bookmark it and check back regularly for the latest offer. Keep in mind you may see some reader comments referring to older deals below.

Know before you go.

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Citi® / AAdvantage® Executive World Elite™ Mastercard®

Based on TPG’s most recent valuations, the 50,000 miles are worth $700. In addition, you can earn 10,000 Elite Qualifying Miles (EQMs) toward elite status after spending $40,000 in a calendar year. As of July 23, 2017 this is the only card that offers Admirals Club lounge access so if you are an AA flyer this card might make sense for you. Aside from lounge access the primary cardholder will receive a Global Entry application fee credit every 5 years, first checked bag free for up to 8 travel companions on domestic itineraries and a 25% discount on eligible in-flight purchases on American Airlines flights.

Earn 50,000 American Airlines AAdvantage® bonus miles after spending $5,000 in purchases within the first 3 months of account opening*

Admirals Club® membership for you and access for guests traveling with you*

Complimentary Admirals Club® lounge access for authorized users

Earn 10,000 AAdvantage® Elite Qualifying Miles (EQMs) after you spend $40,000 in purchases within the year*

No Foreign Transaction Fees on purchases*

Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases and 1 AAdvantage® mile for every $1 spent on other purchases*

First checked bag is free on domestic American Airlines itineraries for you and up to 8 companions traveling with you on the same reservation*

Intro APR on Purchases

N/A

Regular APR

17.99% - 25.99%* (Variable)

Annual Fee

$450

Balance Transfer Fee

3% of each balance transfer; $5 minimum.

Recommended Credit

Excellent

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure

The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.

Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information.

Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.